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down about 11.5% for the week. rough week for chipotle. back to you. >> cover the kids' ears. "sesame street" is now a political football. mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down the hammer on "sesame street." >> i know everybody wants to be sympathetic to big bird and to "sesame street." i love the product. it was started the year i was born. >> thanks, bring that up. >> why does taxpayer money need to go to a product that is clearly so profitable? they have toys. they have games. they make money from licensing and revenue. why do taxpayers have to subsidize that? as a stand alone business, "sesame street" will do just fine. >> doesn't the profit from all those toys go to the nonprofit group? there's a children's television workshop that gets the money. >> they nonprofit, so why does taxp
down about 11.5% for the week. rough week for chipotle. back to you. >> cover the kids' ears. "sesame street" is now a political football. mitt romney shot at funding pbs at wednesday's debate. >> today, president obama took it on as well. >> for all you moms and kids out there, don't worry, somebody is finally getting tough on big bird. rounding him up. elmo's got to watch out too. governor romney plans to let wall street run wild again, but he's going to bring down...
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Oct 1, 2012
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or president obama for another four years. >> what, if it's over 150? >> i think if it's over 150, you're going to see him a whole lot for the week after that, talking about jobs and how he's creating jobs, yeah. >> um-hum. >> i know that doesn't make you happy. we can pile that on your unhappiness for the -- >> you're just saying either/or, you're not predicting what's going to happen with jobs, right? >> well i've seen as high as 130, as low as 100. i think it's a little too early to talk about it. i think it will be on the low side of that range, but that's why i think under 100 is bad and above 150 would be great. >> the bad numbers really haven't hurt him recently so i don't know if the good number -- i don't know at this point and what's the participation rate going to do? how are they going to play around with that this time, going under eight by the election? >> well, if participation continues to fall off, then yeah. >> right. >> unfortunately that's a pretty wonky, geeky conversation to have. >> doesn't matter if it's under eight, if he can cl
or president obama for another four years. >> what, if it's over 150? >> i think if it's over 150, you're going to see him a whole lot for the week after that, talking about jobs and how he's creating jobs, yeah. >> um-hum. >> i know that doesn't make you happy. we can pile that on your unhappiness for the -- >> you're just saying either/or, you're not predicting what's going to happen with jobs, right? >> well i've seen as high as 130, as low as 100. i think...
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Oct 2, 2012
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thank you very much a reminder to all of you tomorrow, president obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our senior correspondent scott cone has been working on the case. scott? >> sue, under the head nothing good deed goes unpunished, if how you characterize the takeover of bear stearns, the federal government for the $10 a shake jpmorgan got not only bear stearns' assets but liabilities, including, authorities say responsibility four some of the most egregious conduct in the financial crisis you churning out residential mortgages by the thousands, bundling them into what the firm told investors were quality securities, knowing all along many of the mortgages were duds a systemic fraud on thousands of investors,
thank you very much a reminder to all of you tomorrow, president obama, governor romney do kick off the first of three presidential debates and cnbc will carry it live. our coverage begins at 8 p.m. eastern time. it's your money, your vote. sue? >>> ty, the financial crisis haunting america's biggest bank, jpmorgan being sued by new york attorney general eric schneiderman, claiming that the bear sterns business that jpmorgan took over in 2008 defraud mortgage bond investors a are. our...
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Oct 4, 2012
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if you look at the in trade probabilities of who's likely to be elected, president obama last week or so peaked at a 76% probability. this morning, it was down to 66% probability. romney moved up 10 percentage points. dan loeb on facebook had put last week out a note that you ought to buy the romney futures because they were so depressed. i don't know how the money works in that thing, but he made ten points on the upside. >> wonder what the capital gains treatment is on that. >> that's a good question. >> rick santelli, i haven't even talked about march you draghi. he had an impact on the markets early on today, didn't he? >> he definitely did. if i look at interest rate complex between the mario draghi influences, the euro rally. we saw interest rates on the safe harbors like ten-year notes move higher. the stocks really grasping in and getting close to triple digits has put the ten-year pretty much at the top of what has been an eight-trading day, 5 1/2 basis point closing range. the boon, which closed a bit ago, is in a 2 1/2 point basis range for seven trading days. it's somewhat
if you look at the in trade probabilities of who's likely to be elected, president obama last week or so peaked at a 76% probability. this morning, it was down to 66% probability. romney moved up 10 percentage points. dan loeb on facebook had put last week out a note that you ought to buy the romney futures because they were so depressed. i don't know how the money works in that thing, but he made ten points on the upside. >> wonder what the capital gains treatment is on that. >>...
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i expect barack obama to come back in two weeks and be far more effective. but the spin from the democrats, i've got to admit, has been pretty weak. >> if you are in charge of prep for them over the next two weeks, how would you alter strategy, if at all? >> well, the for matt is an interesting one that should play to barack obama's strength. it's a town hall format. you'll see a far more aggressive president and he'll try to put him on defense. the question, really, is it's got to be on issues of foreign policy and areas where he might get to do that. so interesting time for the president. and like i said, the hardest part about this and out of all the element os testify campaign, debates are the worst. it parolizes the campaign. it seizes up, particularly if you come out of the gate and do not have a good performance. it puts all the pressure on the president, puts pressure on the staff. so the next two weeks, not going to be fun in the obama camp but i would expect a sharper more offensive-minded debate. >> as you point out, you're dealing with an area wh
i expect barack obama to come back in two weeks and be far more effective. but the spin from the democrats, i've got to admit, has been pretty weak. >> if you are in charge of prep for them over the next two weeks, how would you alter strategy, if at all? >> well, the for matt is an interesting one that should play to barack obama's strength. it's a town hall format. you'll see a far more aggressive president and he'll try to put him on defense. the question, really, is it's got to...
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Oct 3, 2012
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other data that helped buoy optimism, slightly higher than claims in last month's survey week. the ism jobs manufacturing is at a three-month high for that component. services was down in september but still above the 50 point. i don't think romney turns to obama and says we are doing gangbusters on jobs but they are in the 200,000 range. >>> housing the other part of the story. one more sign that the housing market may be creeping back. mortgage applications surging almost 17% last week. but as more people are looking to buy, that is not good news for the rental market. new numbers out today raising new questions about whether there will be enough demand for all of those new apartment buildings. diana olick joins us with some worrying new figures. diana. >> reporter: yeah, that's right, sue. apartment demand had been red hot but we've got new numbers out do that show we may have reached the peak. apartment vacancies are still coming down but now at the smallest rate in over two years. absorption of new units also slowing and rent gains coming way down as well. this is an avala
other data that helped buoy optimism, slightly higher than claims in last month's survey week. the ism jobs manufacturing is at a three-month high for that component. services was down in september but still above the 50 point. i don't think romney turns to obama and says we are doing gangbusters on jobs but they are in the 200,000 range. >>> housing the other part of the story. one more sign that the housing market may be creeping back. mortgage applications surging almost 17% last...
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Oct 8, 2012
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obama's favorite bankers. before we get to the deficit and all of the debates last week. were you depressed, unhappy, miserable? give us an adjective. >> well one, i'm not depressed. i see joe smiling. he's not going to yell at me today. >> there's a number of polls, an enthusiasm gap. >> i wouldn't say that. governor romney had a very good debate, no question, he put on a great show, but to me i think we should be focusing, this is a business show on friday's unemployment number, which was a great number, and not a surprise, based on what the economy's been doing over the last three years. >> 114,000 is not a great number. >> 140,000 on average over the last six months. >> what came out on friday was below expectations for 114,000. >> you know what revisions has done each month so we should look to see where the revisions are. i think if you look over this year, you're averaging about 140,000, i think we should -- >> 140,000 is anemic and not enough to bring down the rate even though it has somehow. >> i would look at it differently. i think over the last three years the
obama's favorite bankers. before we get to the deficit and all of the debates last week. were you depressed, unhappy, miserable? give us an adjective. >> well one, i'm not depressed. i see joe smiling. he's not going to yell at me today. >> there's a number of polls, an enthusiasm gap. >> i wouldn't say that. governor romney had a very good debate, no question, he put on a great show, but to me i think we should be focusing, this is a business show on friday's unemployment...
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b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >> john, you wrote a column that talks about the debates and the impact of the debates traditionally. and made the case that traditionally it makes very little impact. >> there are many individual moments that make an impression. but to fundamentally change where a race is going is very rare and you need a combination of events. the example that i used in that piece, andrew, was 2000, al gore had a lead of about what president obama has now entering the debates against george w. bush. he had a reputation as a strong debater. his body language was off, h
b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >>...
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democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they thought newt would
democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can...
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didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the game has moved up field a little bit here. so, you
didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of...
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president obama among likely voters leads by three points, 49 to 46. that's down from a five-point edge that he had in our poll just about three weeks ago. if you also look at the nbc "wall street journal" maris swing state polls, he's pulled even with president obama in the state of florida. that's the biggest swing state, 29 electoral votes. if you go then to virginia, he's also pulled within two points in virginia. he had been down four or five before. the bad news for romney in these three polls is that in ohio, a state that is critical, romney strategists think they have to win florida and ohio to get to 270 electoral votes. he's still down eight percentage points, and what we've seen across these polls is that obama is increasingly competitive with romney on who would do best to handle the economy. but the fact that we've got a little bit of movement nationally and movement in florida and virginia tells me that there's still some play in this electorate, in this contest, and that's the hope for romney going into this debate tonight. >> what do yo
president obama among likely voters leads by three points, 49 to 46. that's down from a five-point edge that he had in our poll just about three weeks ago. if you also look at the nbc "wall street journal" maris swing state polls, he's pulled even with president obama in the state of florida. that's the biggest swing state, 29 electoral votes. if you go then to virginia, he's also pulled within two points in virginia. he had been down four or five before. the bad news for romney in...
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will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embassies in the greater middle east where demonstrations took place. we had four compounds breached, american flags burns and the black flag of al qaeda raised. it was a disgraceful day, and it was evidence of a failed middle east policy. on benghazi itself, governor romney's been very clear. the president of the united states owes the american people candor and transparency on what's happened. that clearly has been a test which has been failed. they started talking about the spontaneous eruption that was incredible on 9/11, and this is a video that's been around for months. second, we have the type of equipment used. third, we now know there were intelligence reports. fourth, wern the ambassador was concerned about the security, and fifth, we had a stonewalling for days and days with this very story. >> that's the key point with ambassador rice making the runs. larry, do you agree with rich williamson, la
will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embassies in the greater middle east where demonstrations took place. we had four compounds breached, american flags burns and the black flag of al qaeda raised. it was a disgraceful day, and it was evidence of a failed middle east policy. on benghazi itself, governor romney's been very clear. the president of...
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Oct 6, 2012
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gets re-elected -- and i know there was a lot of excitement with romney this week -- >> right. >> -- i think he still gets elected, and i think some air comes out of these stocks. >> and i want you to explain vol differential to all the audience. but in the meantime we're going to explain the put calendar, which is the trade that you're putting on tonight, dan. we've done calendars before, of course, but it's always good to refresh, so let's crack open the playbook and see how this thing works. in this strategy you sell in your data put and use that money to buy a longer data put of the same strike. this is a bearish strategy. it does require timing though. you want the stock to be above the strike of the put you're short by the first expiration but below the strike of the longer data put that you were long by the second expiration. so, dan, walk us through the trade. >> sure. so i did this today, and here's the thing. i'm going to do this trade in earnest next week, wednesday or thursday prior to earnings because like you said, you've got to thread the needle here and you've got to
gets re-elected -- and i know there was a lot of excitement with romney this week -- >> right. >> -- i think he still gets elected, and i think some air comes out of these stocks. >> and i want you to explain vol differential to all the audience. but in the meantime we're going to explain the put calendar, which is the trade that you're putting on tonight, dan. we've done calendars before, of course, but it's always good to refresh, so let's crack open the playbook and see how...
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just a few weeks ago team romney was considering giving up in ohio. maybe the most important state in 2012. now there the romney plan is to push harder. he came to dusty iowa on his way to iowa. today about a navy s.e.a.l. romney went to a party. >> you can imagine how i felt when he was one of the two navy s.e.a.l.s killed on september 11th, it touched me obviously. >> after the debate romney soared over obama. today as president obama bheade to ohio the poll put him two points behind him. >> somebody is cracking down on big bird. he put up a cable tv add. >> big, yellow and a men nnace our economy. >> team obama overflew the mess sake today. i actually think we need a president that talks about saving the economy and jobs and our future. >> with romney ahead among the likely voters and the bigger group of voters, democrats figure more than ever larry, that turnout will determine who wins. >> many thanks to steve. now it seems that president obama has done nothing but defend big bird and call romney a liar on taxes since the debate. it looks to me li
just a few weeks ago team romney was considering giving up in ohio. maybe the most important state in 2012. now there the romney plan is to push harder. he came to dusty iowa on his way to iowa. today about a navy s.e.a.l. romney went to a party. >> you can imagine how i felt when he was one of the two navy s.e.a.l.s killed on september 11th, it touched me obviously. >> after the debate romney soared over obama. today as president obama bheade to ohio the poll put him two points...
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president obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the eurozone services pmi. the september final services read coming in at 46.1. an improvement that we have seen from the 46 number. this is still the lowest level we're seeing since 2009. the forward indication 49.4. in terms of what we're seeing on the final comp sit pmi, this is above the 45.9 read that we have, but just a fraction below what we saw in august, the rate was 46.3 then. this is the lowest read since may 2009. in terms of new business number for the composite september rate, 43.8. we're still right back at some of these 2009 lows. >>> elsewhere, the numbers are not that much better. lisa has more on these n
president obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the...
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but at least right now while we assume that the markets priced in an obama victory i honestly think the market right now has its eyes on earnings over the next four weeks and when the election comes, they're going to deal with that election. we've all talked so much about these fiscal issues but either way, whether for good or bad, they're going to get resolved the first tuesday in november. regardless of who wins. so i think earnings right now are driving things but, yes, i agree with art that at least for the last two months of the year a romney win will lead to a rally in the market. i think an obama win will just continue to focus on what's going to be very difficult third and fourth quarter earnings which could lead us lower. >> it is nice to hear that actually earnings may matter for stock prices. that is a shock of shocks, peter. >> thank you. >>> be sure to catch tonight's first presidential debate right here on cnbc. the pre-game show, if you will. starting at 8:00 p.m. eastern. the debate gets under way at 9:00. >>> let's get a market flash with seema. >> alere reached an agre
but at least right now while we assume that the markets priced in an obama victory i honestly think the market right now has its eyes on earnings over the next four weeks and when the election comes, they're going to deal with that election. we've all talked so much about these fiscal issues but either way, whether for good or bad, they're going to get resolved the first tuesday in november. regardless of who wins. so i think earnings right now are driving things but, yes, i agree with art that...
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next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the good news is that that
next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that...
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. >> three months after supreme court justice moved to the right and passed obama care. pete williams has some details. >> reporter: larry, this is shaping up to be a court term dominated by civil rights beginning with a case that will be argued next week on affirmative action, colleges nationwide use it believing that a more racially diverse campus provides a better education. the court gave a green light to that practice seven years ago, but since then has become more skeptical. sandra day o'connor who has since left the court. the court will almost certainly hear a challenge to the voting rights act. the section that says states have to get federal permission before they make any changes to their elections if those states have a history of discrimination. the states say the map that's used to determine how they need to get that clearance is out of date and three years ago the court agreed with that. and almost certainly it will take up the challenge to the defense of marriage act. that's the act signed by president clint preside president clinton that says that -- >>
. >> three months after supreme court justice moved to the right and passed obama care. pete williams has some details. >> reporter: larry, this is shaping up to be a court term dominated by civil rights beginning with a case that will be argued next week on affirmative action, colleges nationwide use it believing that a more racially diverse campus provides a better education. the court gave a green light to that practice seven years ago, but since then has become more skeptical....
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i've been blogging and interviewing him for weeks and weeks to tell me and he drops that bomb before this local guy. >> he's getting so pressure to come out with specifics here. >> he's got to give specifics on loopholes and spending. but president obama has to give specifics too. we don't know where he's going in a second term. because he's never said. >> exactly. and he's not getting the pressure the way romney is. larry, we'll talk to you during the show. you're going to be here watching this debate and analyzing it. joining us now is ron paul. representative paul is a staunch critic of the fed. certainly fed jim bernanke and a big hawk about our deficit. good to have you on the program. >> thank you, maria. good to be with you. >> what are you expecting? do you think governor romney comes out swinging right off the bat? what do you think he is going to be pressured and asked about in terms of specifics on his economic plan? >> overall i don't expect a whole lot of specifics from either one. in the last several weeks the whole of the discussion has been on debate techniques and wh
i've been blogging and interviewing him for weeks and weeks to tell me and he drops that bomb before this local guy. >> he's getting so pressure to come out with specifics here. >> he's got to give specifics on loopholes and spending. but president obama has to give specifics too. we don't know where he's going in a second term. because he's never said. >> exactly. and he's not getting the pressure the way romney is. larry, we'll talk to you during the show. you're going to be...
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. >> ari, before last week, president obama was showing strong signs of improvement on the economy, closing the gap in most polls. but i want to show you a number. the pew poll shows that 54% of registered voters agree with the phrase doubt that obama knows how to turn the economy around. what do you make of that? >> that's been consistent, and it's been mitt romney's hope. if this is an election about the state of the economy and whether the president is partially or enough to blame for the bad economy, he's going to lose. that's why you see the president has been launching an attack against bain and other things that he was doing. so that's been the weakness and the numbers, too, that i'm looking for on the inside the polls are mitt romney's attributes and his ratings among independents because forget whether the polls are skewed for ds or rs, as long as mitt romney keeps winning independents, chances are mitt romney's going to win. in this pew poll, he won independents today, having nothing to do with whether it's skewed one party or the other. that's something to keep your eye on. romne
. >> ari, before last week, president obama was showing strong signs of improvement on the economy, closing the gap in most polls. but i want to show you a number. the pew poll shows that 54% of registered voters agree with the phrase doubt that obama knows how to turn the economy around. what do you make of that? >> that's been consistent, and it's been mitt romney's hope. if this is an election about the state of the economy and whether the president is partially or enough to...
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it sounded like sour grapes a few weeks ago and it's sounding like similar sour grapes when the obama campaign doesn't like the numbers, but this ain't the first time we've been at this rodeo. >> no, and if you look at different polls, the waiting as it's called, is different in different snapshots. and what we can say about this, is that it is a snapshot in time. i mean, i look at the numbers where the gender gap is even and i'm scratching my head about that because that number seems very high to me for romney to be tied with president obama on gender because generally, democrats do better with women than republicans. so, you know, you have to look at these numbers. say president obama did not have a good night in that debate. that what everything mitt romney could have wanted to get out of that debate, he got out of this debate and if he has gotten his potential supporters more enthusiastic about going out to the polls and that's what this reflects, that's very good for mitt romney. >> so, cornell, jump in with the difference between likely voters and registered voters, there is a d
it sounded like sour grapes a few weeks ago and it's sounding like similar sour grapes when the obama campaign doesn't like the numbers, but this ain't the first time we've been at this rodeo. >> no, and if you look at different polls, the waiting as it's called, is different in different snapshots. and what we can say about this, is that it is a snapshot in time. i mean, i look at the numbers where the gender gap is even and i'm scratching my head about that because that number seems...
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. >>> less than 24 hours from now, with the election five weeks away, president obama and mitt romney will face off. presidential debates can shift race. joining me now alan schroeder, a professor of the school of journalism in northeast university in boston. author of "presidential debates, 50 years of high-risk tv" and patrick mill sapz who served as chief of staff in newt gingrich's campaign. you say the pie is baloney line is one of his strongest hits during his campaign run against mitt romney. >> can be drop some of the pious baloney? you ran in '94 and lost. that's why you weren't serving in the senate for rick santorum. suddenly citizenship showed up in your mind, level with the american people. you have been running since the 1 990s. >> how much of those zingers are prethought out and what does mitt romney have to do to avoid taking a big hit tomorrow night? >> that was all newt. part of great thing about newt, he knew the topic, knew the weak points, but prepared to answer the question. if you can come up with pious baloney, that puts a cherry on top. if you googled baloney
. >>> less than 24 hours from now, with the election five weeks away, president obama and mitt romney will face off. presidential debates can shift race. joining me now alan schroeder, a professor of the school of journalism in northeast university in boston. author of "presidential debates, 50 years of high-risk tv" and patrick mill sapz who served as chief of staff in newt gingrich's campaign. you say the pie is baloney line is one of his strongest hits during his campaign...
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the republican party might hate obama enough and be frus stratr enough to let him wink and do more. if so he faces something far more challenging than a good debate never the last weeks of the campaign. he faces a moderate republican. let's get started. -- captions by vitac -- www.vitac.com >>> america's biggest corporations have a unique per expect tifb on the economy. i recently had an opportunity to talk to the heads of three very different, very successful businesses if finance, in manufacturing, and in technology. when i chaired the panel for the clinton global initiative. they are lloyd blankfein the chairman and ce o o of goldman sachs. andrew live russ, the chairman and ceo of dow chemical and john chambers the chair manned and ceo of cisco. the conversation was fascinating. listen in. >>> lloyd, let me start with you. when you look at the global economy, right now, you know, what is it, four years after the crash, what does it look like to you? >> well, we're definitely in a m muddle-through phase, slow growth, very disappointing. but i think one of the things that was achi
the republican party might hate obama enough and be frus stratr enough to let him wink and do more. if so he faces something far more challenging than a good debate never the last weeks of the campaign. he faces a moderate republican. let's get started. -- captions by vitac -- www.vitac.com >>> america's biggest corporations have a unique per expect tifb on the economy. i recently had an opportunity to talk to the heads of three very different, very successful businesses if finance, in...
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it's a big week for candidates in this country. president barack obama is hoping to build momentum from that lower unemployment rate to hold a fundraiser in los angeles today, then eahe's heading to ohio. mitt romney is rallying in florida. he's giving a major foreign policy speech tomorrow. >>> we're following a shooting on the campus of the university of south alabama. a student reportedly naked and acting erratically is dad
it's a big week for candidates in this country. president barack obama is hoping to build momentum from that lower unemployment rate to hold a fundraiser in los angeles today, then eahe's heading to ohio. mitt romney is rallying in florida. he's giving a major foreign policy speech tomorrow. >>> we're following a shooting on the campus of the university of south alabama. a student reportedly naked and acting erratically is dad
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. >>> less than 24 hours from now with the election just five weeks away, president obama, mitt romney are going to face off in their debate. an estimated 50 million people are expected to watch. both men have been prepping very heavily. they know the stakes. history has shown that presidential debates can shift a race. joining me now is alan schroeder, professor of the school of journalism in northeastern university in boston, author of "presidential debates, 50 years of high risk tv." also, patrick milsap, republican strategists who served as chief of staff in newt gingrich's presidential campaign. patrick, you say newt gingrich's famous pious baloney line was one of his strongest hits against mitt romney during the primary debates. i want to play that for our viewers who don't remember. take a look. >> can we drop a little bit of the pious baloney? the fact is you ran in '94 and lost. that's why you -- this idea that suddenly citizenship showed up in your mind, just level with the american people. you've been running for at least since the 1990s. >> i'm curious how much of those kin
. >>> less than 24 hours from now with the election just five weeks away, president obama, mitt romney are going to face off in their debate. an estimated 50 million people are expected to watch. both men have been prepping very heavily. they know the stakes. history has shown that presidential debates can shift a race. joining me now is alan schroeder, professor of the school of journalism in northeastern university in boston, author of "presidential debates, 50 years of high...
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romney's favorability is moving up, obama's are moving down. mitt romney's winning independents. >> it is just amazing how quickly narratives change in this election. last week, it was, you know, doomsday for romney, then the debate happened. who knows what it's going to be next week. is it still wide open? >> i think it's moved from a race that was heavily tilted toward obama, the president was just beating romney as a campaigner, and the debate has now made it much more of a horse race, and we're likely to see fluidity right to the end and the win may go because we see these numbers move three, four points on a debate, it may be a couple points on the unemployment numbers. the win may go to the guy who has the last big play. who has the last big favorable play. i don't think these debates are fool's gold. i know cornell wouldn't have said that if obama had won. i think they were really important turning point but it's turned it into a much, much closer race. >> cornell, ari, david, thank you. fascinating stuff. >> thank you. >>> let us know w
romney's favorability is moving up, obama's are moving down. mitt romney's winning independents. >> it is just amazing how quickly narratives change in this election. last week, it was, you know, doomsday for romney, then the debate happened. who knows what it's going to be next week. is it still wide open? >> i think it's moved from a race that was heavily tilted toward obama, the president was just beating romney as a campaigner, and the debate has now made it much more of a horse...
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president obama, the clear favorite over mitt romney, leading 70% to 26%. you can fairly say that's not even close and it is well outside the margin of error and that's critical because you know there is a saying that there is power in numbers. at least 12.2 million people expected to show up at the polls on election day. but that's barely half of latinos who are eligible to vote. and it could come down to location, location, location. the hispanic vote could be the deciding factor in several states, including the swing state of nevada. which is where miguel marquez takes us in the battle to win their vote. >> reporter: it might sound like mexico. but this is the fight for the white house. welcome to washo county, nevada, the front line in this battleground state. washo county's 250,000 voters are expected to decide whether the nevada goes blue or red. and latinos, about 30,000 votes here, could make the critical difference in a race that could come down to a few thousand votes. here's how nevada's 1.4 million votes break down and why washo is a battlegroun
president obama, the clear favorite over mitt romney, leading 70% to 26%. you can fairly say that's not even close and it is well outside the margin of error and that's critical because you know there is a saying that there is power in numbers. at least 12.2 million people expected to show up at the polls on election day. but that's barely half of latinos who are eligible to vote. and it could come down to location, location, location. the hispanic vote could be the deciding factor in several...
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both of them showed a lot more energy than barack obama did last week. >> howie, it's ryan. listen. in that clip, the thing i thought was interesting about this debate is jon stewart, it seems to me he's sort of grown into a more of -- less of a comedian and more of a pundit role in the last couple years. his thing was always that you can't really hold him responsible for his views because he's skritrictly a comedian. he would laugh about the fact he's on comedy central, this low budget cable channel. there he is talking about what he would do about health care. do you think this guy has sort of -- there's an evolution here going on with stewart? >> absolutely. i've been watching that evolution for years. you'll remember he had the million moderate march or whatever it was called down on the mall here in dc a couple years ago. he wants to be taken seriously. he's a very sharp critic. not just of those of us in the media who sometimes get stung by what he has to say. but of the political scene. and i think as you watch him on "the daily show," yes, he is a very cogent comic. but more
both of them showed a lot more energy than barack obama did last week. >> howie, it's ryan. listen. in that clip, the thing i thought was interesting about this debate is jon stewart, it seems to me he's sort of grown into a more of -- less of a comedian and more of a pundit role in the last couple years. his thing was always that you can't really hold him responsible for his views because he's skritrictly a comedian. he would laugh about the fact he's on comedy central, this low budget...
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it may be more aggressive than we saw this time than president obama last week. maybe he'll bring up the 47% and bain capital. stay tuned, suzanne. >> tell us a little bit about that debate that happened not with the real guys, but fox news's bill o'reilly and comedy central's john stewart facing off over the weekend. >> yeah. i think this was a little more entertaining than the one we saw last wednesday. these guys dent have the burden of running for president, but enough of me. let's take a listen. >> mike is here in the audience sxfshgs he asked this question. if you could see any american elected president, who would you choose and why? >> i would say clint eastwood have to be my guy. >> well, why don't we ask him. so, um -- what? tell them to do what? >> that was one of the lighter moments. you know, there was some serious parts to this debate. both gentlemen talked policy, and i think, though, the american viewers were the winners in that debate, suzanne. >> absolutely. thank you, paul. you can watch the vice presidential debate right here on cnn. joe biden
it may be more aggressive than we saw this time than president obama last week. maybe he'll bring up the 47% and bain capital. stay tuned, suzanne. >> tell us a little bit about that debate that happened not with the real guys, but fox news's bill o'reilly and comedy central's john stewart facing off over the weekend. >> yeah. i think this was a little more entertaining than the one we saw last wednesday. these guys dent have the burden of running for president, but enough of me....
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obama at 45%. that's a significant shift from only a few weeks ago. same poll, likely voters at obama 51%. romney, 43%. that's a dramatic shift indeed. let's get the reaction, jim acosta is traveling with the republican presidential nominee. what are they saying, jim? >> reporter: wolf, i can tell you right now that mitt romney is standing behind me addressing an understandably small crowd of supporters here at newport news, virginia, it is raining buckets here. but that's not dampening the enthusiasm of the romney campaign. they feel very good about this poll that just came out from the pew research center, showing a four-point lead among likely voters for mitt romney over the president. that is a kind of poll that they have not seen in some time. so they're very happy about that. i got some instant response from a senior romney official who told me over an e-mail a few moments ago that they are encouraged by the enthusiasm that they're seeing from supporters who they call energized. we have been seeing that over the last several days at various camp
obama at 45%. that's a significant shift from only a few weeks ago. same poll, likely voters at obama 51%. romney, 43%. that's a dramatic shift indeed. let's get the reaction, jim acosta is traveling with the republican presidential nominee. what are they saying, jim? >> reporter: wolf, i can tell you right now that mitt romney is standing behind me addressing an understandably small crowd of supporters here at newport news, virginia, it is raining buckets here. but that's not dampening...
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>> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> why did he blow it? he's such a skillful orator usually. >> it's a paradox. he's a skillful communicator at his best and he was really at his worst. there are various theories. one is that he was coached it would be unpresidential to attack, that
>> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a...
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president obama trying to bounce back from his debate performance hits the campaign trail this week making stops in california and the key battleground state of ohio. he's also expected to visit other swing states later in the week and continue preparing for his next presidential debate. >> reporter: i'm paul steinhauser at the political deck. foreign policy will be in the spotlight tomorrow when republican challenger mitt romney gives what's being billed as a major speech at the virginia military institute. but the highlight of the week will be the vice presidential debate. vice president joe biden and congressman paul ryan face-off thursday in their only showdown in danville, kentucky. >> reporter: i'm poppy harlow in new york. wall street gears up for earnings season this week. lots of big companies reporting, including aluminum jind al gian and jpmorgan case. did earnings decline in the third quarter. also ahead this week, the latest inflation data and a look at consumer sentiment. we'll track all that and the week's business news on cnn money. >> reporter: i'm "showbiz tonight's" a.j.
president obama trying to bounce back from his debate performance hits the campaign trail this week making stops in california and the key battleground state of ohio. he's also expected to visit other swing states later in the week and continue preparing for his next presidential debate. >> reporter: i'm paul steinhauser at the political deck. foreign policy will be in the spotlight tomorrow when republican challenger mitt romney gives what's being billed as a major speech at the virginia...
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i think when people talk about last week, expectations for president obama are always exceedingly high and it was relatively easy for mr. romney who had an 11th hour conversion. we recall that he is the etch-a-sketch guy that has transformed himself and quite frankly, we always have to wonder which mitt is going to show up. so if you just lay out lie after lie after lie about your own plan as well as what the president has been talking about, of course, you can look good. vice president biden will do very, very well. he knows what has been going on. he is in touch with the american public, and i'm just hopeful mr. ryan will tell the truth. whether it's about medicare and that it's a voucher program, that mr. romney and mr. ryan, their health care plan will lead to many uninsured and put people back out. if they have preexisting conditions. >> let me just step back just a minute here about your defense of the president's performance. what is your theory? i mean, it was widely panned, and the thing is if he thought as he said the next day that mitt romney isn't telling the truth, that mi
i think when people talk about last week, expectations for president obama are always exceedingly high and it was relatively easy for mr. romney who had an 11th hour conversion. we recall that he is the etch-a-sketch guy that has transformed himself and quite frankly, we always have to wonder which mitt is going to show up. so if you just lay out lie after lie after lie about your own plan as well as what the president has been talking about, of course, you can look good. vice president biden...
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obama at a fundraiser tonight in california. two days later, clinton campaigns for the president in another battleground, nevada. >> mitt is up to the task. he's prepared. >> romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on abc's "good morning, america." but the highlight of the week is this week's vice presidential debate. both are preparing for their own showdown which takes place thursday in danville, kentucky. >> i'm looking forward to it, i really am. the thing about congressman ryan is he's been straightfwoorward to now about all the significant changes he wants to make. we have a fundamentally different view on a whole range of issues. >> i'm studying, i'm reading joe biden's speeches, watching joe biden tape and just studying on all the various issues. >> and thanks to romney's strong performance at last week's debate, there is even more on the line at the vp showdown. fred? >> thanks so much, paul. big week ahead. the much anticipated vice presidential debate between joe biden
obama at a fundraiser tonight in california. two days later, clinton campaigns for the president in another battleground, nevada. >> mitt is up to the task. he's prepared. >> romney's wife ann goes in front of cameras wednesday morning when she's a special co-host on abc's "good morning, america." but the highlight of the week is this week's vice presidential debate. both are preparing for their own showdown which takes place thursday in danville, kentucky. >> i'm...
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and he's going to bring congress back to have hearings next week on this issue. no question this has become a political issue and in terms of hearings, coming at a very bad time for president obama and the democrats. >> something to look for possibly if not tomorrow night in denver in that debate down the road for sure. as we talk libya, we talked a lot, erin, on your show and my show, about afghanistan. but if you look at iraq where the president ended u.s. combat relations and he's touted that, they're having huge problems there. >> it's amazing. as you talk about it, last week at his speech to the u.n. general assembly, the president went through a list of what he considered to be his big victories, osama bin laden being dead was one and ending the war in iraq was another one. september was the deadliest in terms of attack since august of 2010, which is pretty shocking since the war is technically over. on top of that reuters has some footage that we have for you of literally pictures of the iotolla from iran. pictures all over iraq now as iran is trying to ga
and he's going to bring congress back to have hearings next week on this issue. no question this has become a political issue and in terms of hearings, coming at a very bad time for president obama and the democrats. >> something to look for possibly if not tomorrow night in denver in that debate down the road for sure. as we talk libya, we talked a lot, erin, on your show and my show, about afghanistan. but if you look at iraq where the president ended u.s. combat relations and he's...
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next week we also have the vice presidential debate. it will be interesting to find out what kind of adjustments team obama will be making over the next few days. >> let's talk about those adjustments. how is the obama campaign reacting to the president's performance today? >> well, you know, first of all, they are praising his performance, saying it was a strong performance, but they're going after the substance, saying -- criticizing him, saying that his policies, his plans, what he said during the debate last night. there were a lot of flaws, distortions. take a listen to the president's campaign as senior adviser david axelrod on the "today" show this morning. >> i didn't say he was out debated. i think he treated the american people like adults and he told them the truth, which was a f d fundamental distinction between him and governor romney last night on a whole host of issues. i joked that governor romney put more preparation into it than they did into the invasion of normandy. i expected a strong performance. i got a strong per
next week we also have the vice presidential debate. it will be interesting to find out what kind of adjustments team obama will be making over the next few days. >> let's talk about those adjustments. how is the obama campaign reacting to the president's performance today? >> well, you know, first of all, they are praising his performance, saying it was a strong performance, but they're going after the substance, saying -- criticizing him, saying that his policies, his plans, what...
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president obama's campaign outspending mitt romney's campaign almost 2-1 in the last three weeks of september. take a look at the next level. super pac level, republican super pacs outspending 2-1. in some senate races it shows more than 50% of the ads on air in swing states are coming from these super pacs. fascinating measure just how much they're having an effect and, in some cases, propping up campaigns. >> the two biggest super pacs out there, dedicated to president obama and romney, they're obviously the chief of each of those is about to come on the show. how are they doing specifically? >> in terms of money raised to debt, current year-to-date totals we have, the general ratio shows restore our future, romney associated super pac outspending the super pac associated with president obama. for the month of august, first time liberal super pacs outraised conservative super pacs. the restore our future super pac aired no ads from a period of august 21st to september 19th. they were dark. that's an extraordinary thing and raises a lot of questions. are they saving up their cash, considerin
president obama's campaign outspending mitt romney's campaign almost 2-1 in the last three weeks of september. take a look at the next level. super pac level, republican super pacs outspending 2-1. in some senate races it shows more than 50% of the ads on air in swing states are coming from these super pacs. fascinating measure just how much they're having an effect and, in some cases, propping up campaigns. >> the two biggest super pacs out there, dedicated to president obama and romney,...
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find your co-pay at myflexpen.com. >>> president obama, mitt romney face off in less than two weeks. candy crowley will moderate a town hall style debate on october 16th. who comes out on top could come down to facial expressions and body language. brian todd looks at how they did wednesday night face to face. >> reporter: chris cole, he was looking at well, how they looked. >> governor romney was much more expressive than president obama was. >> reporter: cole is an expert in the communication of emotions, an assistant professor at perdurdue university. he uses software called face reader, he applies it to political candidates. the software creates superimposed mesh maps on their faces which cole says measures the movement of hundreds of muscle points on the face. what did he measure on mitt romney's face? >> in this feature here, you can see his eyebrows are slightly up, and this would suggest an emotion of surprise, but at the same time, when you look at how his lips and nose are, that might represent something about a negative type of emotion of disgust or something like that. >>
find your co-pay at myflexpen.com. >>> president obama, mitt romney face off in less than two weeks. candy crowley will moderate a town hall style debate on october 16th. who comes out on top could come down to facial expressions and body language. brian todd looks at how they did wednesday night face to face. >> reporter: chris cole, he was looking at well, how they looked. >> governor romney was much more expressive than president obama was. >> reporter: cole is an...
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. >> years or months or it could be weeks. it is a different tlesh hold than what the obama administration has laid out when you look carefully at what the president said at the general assembly, the most recent remarks on iran's nuclear program, he said the united states will not allow iran to have a nuclear bomb. i am paraphrasing to a certain degree. the word capability was not there. you did hear it from the israeli prime minister and today you're hearing it once again from mitt romney. mitt romney has been vague. he has gone back and forth on the issue of capability and sometimes he says it and sometimes he doesn't. today he is very cat goral in saying in a romney administration iran would not be able to have that capability of building a nuclear bomb which is significantly different than the threshold laid out by the president. >> and let's talk about syria which has been somewhat of a thorn in the side of this current sitting american president, and mr. romney, governor romney's view of syria, there was something in the
. >> years or months or it could be weeks. it is a different tlesh hold than what the obama administration has laid out when you look carefully at what the president said at the general assembly, the most recent remarks on iran's nuclear program, he said the united states will not allow iran to have a nuclear bomb. i am paraphrasing to a certain degree. the word capability was not there. you did hear it from the israeli prime minister and today you're hearing it once again from mitt...
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but this was a very good end to a bad week for the president. really the best possible end that president obama could have hoped for. mitt romney came out so strong in that debate, president obama lackluster. he got called rusty. detached. not the words he was looking for. >> hold that thought, we're going to talk about that. i want to go back to something, four days before the presidential election is when the next jobs report is going to come out. if they go down even further? what does that mean if. >> it could go down. it could also go back up. >> right. >> this has been an economic recovery that's been a difficult one. the administration says that as well. this was a great jobs report for the president. it broke down past that 8% mark that mitt romney's been hitting so hard in this campaign. >> you can imagine -- >> this is a great day for the president. >> you can imagine the white house and probably the campaign in chicago doing somersaults. does this make people now say, what debate? by most people's accounts, the president was awful, ho
but this was a very good end to a bad week for the president. really the best possible end that president obama could have hoped for. mitt romney came out so strong in that debate, president obama lackluster. he got called rusty. detached. not the words he was looking for. >> hold that thought, we're going to talk about that. i want to go back to something, four days before the presidential election is when the next jobs report is going to come out. if they go down even further? what does...